Warner Bros. Discovery is exploring a sale of its music assets that could be worth upwards of $1 billion, according to a source familiar with the matter. The catalog is being shopped by famed entertainment attorney Allen Grubman. While the potential sale — which was first reported by The Financial Times — is still in the very early stages, some of Warner Bros. Discovery’s current music partners could be potential buyers. Universal Music Group (UMG) already administers the publishing assets, which are likely the largest part of the deal, and Warner Music Group (WMG) distributes WaterTower Music, Warner Bros. Discovery’s in-house record label. The assets being shopped, including music and production music from the company’s television and film projects, are not the kinds of music rights...
With Tuesday’s flurry of festival lineups — including Boston Calling, Bonnaroo, Sonic Temple Festival, and, finally, Coachella — the 2023 North American festival season formally kicked off, and music fans can expect more announcements to follow. This figurative ringing of the bell is typically reserved for Coachella (and Coachella alone), which usually announces its lineup the first week of January. But when Los Angeles-based concert promoter Goldenvoice didn’t deliver on time — for unexplained reasons — it left some executives wondering what to expect from potential ripple effects throughout the festival circuit. That’s due to Coachella’s contracts and stature in the business. Coachella’s artist contracts come with radius clauses that give the Southern California festiv...
HipHopWired Featured Video Source: Justin Ford / Getty Only a week into her run as Arkansas governor, Sarah Huckabee Sanders is already doing the most. She has banned the word Latinx. As spotted on Raw Story the former White House Press Secretary has signed several executive orders for her state. Within hours of being sworn in she has formally forbidden the use of the term Latinx by any of the state’s agencies. Therefore all Arkansas state controlled communications will rely on the words “Latino,” “Latina” or “Hispanic.” The official Arkansas website details her reasoning as to which “Ethnically insensitive and pejorative language has no place in official government documents or government employee titles”. The order also reads “The government has a responsibility to respect its citizens a...
HipHopWired Featured Video Source: Kevin Sabitus / Getty It’s been roughly a week and a half since Buffalo Bills safety Damar Hamlin collided with Cincinnati Bengals receiver Tee Higgins and collapsed during the first quarter of the game. The collision, resulting in Hamlin being rushed to the hospital where he remained in critical condition earlier this month. Since the terrifying event occurred, Hamlin has made “substantial improvement” in recovering from his severe injury, and now, he has been released from the hospital. “We have completed a series of tests and evaluations, and in consultation with the team physicians, we are confident that Damar [Hamlin] can be safely discharged to continue his rehabilitation at home and with the Bills,” a medical care team at the Buffalo General Medica...
HipHopWired Featured Video Source: JUNG YEON-JE / Getty / Samsung No surprise, images of the Samsung Galaxy S23 have leaked. Ahead of Samsung’s upcoming in-person Unpacked event on February 1, images of the Galaxy S23 are now on the web. The renders of Samsung’s next flagship smartphone came courtesy of WinFuture and reveals the smartphone’s new design and color options. The photos are official and are not fan-made renders based on previous Galaxy smartphone models, according to WinFuture’s Roland Quandt. Related Stories According to the images, the Galaxy S23 will ditch the raised camera notch found on the S22, and the phone’s triple camera system protrudes out of the device’s casing. The S23’s casing will keep the metal frame over glass combination Galaxy users have come to expect and wi...
HipHopWired Featured Video Source: NYPD / NYD It’s wintertime in New York City and the wolves are out. A Harlem team was beaten unconscious and to add insult to injury, was robbed of his Air Jordans. The incident went down outside of a McDonald’s located on the corner of 145th Street and Broadway in New York City. According to the New York Daily News, on Saturday (Jan. 7), a 16-year-old was standing outside when several assailants ran up and assaulted him. Per NYPD, the teen was knocked unconscious, and his sneakers were stolen off his person before the attackers ran off. Related Stories The NYPD released surveillance footage of the goons, who will likely be caught sooner than later considering their mugs have been made public. No word on which specific model of Air Jordan 1s were stolen. ...
Last year, one of every 25 vinyl LPs sold in the United States was a Taylor Swift album, Billboard reports, citing Luminate’s year-end music roundup. Driven by the bonanza release of Midnights, which encouraged fans to buy multiple copies with different sleeves, Swift’s 1.7 million LP sales made her the runaway top-seller in the vinyl market. Based on total album-equivalent consumption, however, Bad Bunny’s Un Verano Sin Ti was 2022’s biggest album in the United States. It pulled ahead with massive streaming numbers: 4.3 billion audio streams to Midnights’ 1.8 billion. Swift’s release strategy, which also incorporated several colored vinyl options, renewed debate around major label artists’ capitalization on the vinyl revival, which critics say clogs pressing plants and delays smaller rele...
David Byrne and Fatboy Slim have announced that Here Lies Love, their collaborative disco-pop musical, is coming to Broadway later this year. The show tells the story of Imelda Marcos, former first lady of the Philippines, and the People Power Revolution, which removed her and her husband, the dictator Ferdinand Marcos, from power in February 1986. The Broadway production is developed and directed by Alex Timbers and choreographed by Annie-B Parson; producers on the project include Hal Luftig, Patrick Catullo, Diana DiMenna, Clint Ramos, and Jose Antonio Vargas. It’s set to make its Broadway debut in the summer of 2023. “As a team of binational American producers—Filipinos among us—we are thrilled to bring Here Lies Love to Broadway!,” the producers shared in a statement. “We welcome every...
Paramore have shared the third single from their new album, This Is Why. The new song, “C’est Comme Ça,” follows the title track and “The News.” Find the lyric video for the track below. The new song’s title translates to “It’s Like That.” In a statement, Paramore singer Hayley Williams explained, “I’m trying to get un-addicted to a survival narrative. The idea of imminent doom is less catastrophic to me than not knowing anything about the future or my part in it. The guys and I are all in much more stable places in our lives than ever before. And somehow that is harder for me to adjust to.” This Is Why is out February 10. It’s Paramore’s first album since 2017’s After Laughter. Soon, Paramore will go on tour in support of their new LP.
Taylor Swift made a surprise appearance during the 1975’s concert at the O2 Arena in London tonight (January 12). Swift brought her acoustic guitar onstage for a debut performance of her Midnights track “Anti-Hero.” She also covered “The City,” which appears on the 1975’s 2013 self-titled LP. Fans have posted several clips of her appearance on social media. In March, Swift will kick off her own tour, which winds across North America through August 9. Scores of fans had issues securing tickets for the trek when Ticketmaster bungled the public on-sale date for the Eras Tour in November. Multiple fans affected by Ticketmaster’s mishandling of the situation have banded together, filing two lawsuits against the ticketing giant and its parent company Live Nation. Read “6 Takeaways From Taylor Sw...
EDC is making waves—literally. Insomniac Events’ beloved festival brand is taking to the seas after its founder and CEO, Pasquale Rotella, revealed a brand new nautical event, EDSea. As maritime music festivals grow in popularity, it should come as no surprise that EDC is rocking the boat. The four-night EDSea event enters a market with a number of well-established players, like Groove Cruise and FriendShip. But Insomniac already owns and operates its own EDM cruise excursion, Holy Ship! Wrecked, so the renowned promoter isn’t exactly entering uncharted waters. EDSea’s maiden voyage on the Norwegian Joy kicks off on November 4th, 2023. The ship will depart from Miami and sail to Nassau for an “exclusive island party” before heading to the private island of Gre...